CMS Energy forecasts higher 2026 profit on robust power demand
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CMS Energy forecasts higher earnings for 2026, estimating profits between $3.80 and $3.87 per share, driven by strong power demand from AI data centers and increased electricity usage in homes and businesses. The company reported a 16% revenue increase to $2.02 billion in Q3, surpassing estimates, with adjusted earnings of 93 cents per share. CMS Energy's shares have risen nearly 30% this year, outperforming the S&P utilities index, which gained 13.6%.
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